CONGRESSIONAL STATEMENTS CONCERNING VIETNAMESE OCCUPATION OF CAMBODIA AND JAPANESE TRADE WITH VIETNAM

SEC. 1404. CONGRESSIONAL STATEMENTS CONCERNING VIETNAMESE OCCUPATION OF CAMBODIA AND JAPANESE TRADE WITH VIETNAM (a) Findings.—The Congress finds that— (1) during the nine years since Vietnam invaded Cambodia in late 1978, most Western countries have pledged to maintain an embargo on trade with and developmental aid to Vietnam until Vietnamese troops are withdrawn from Cambodia. (2) Japan joined in this embargo by freezing approximately $135,000,000 in grants and concessionary loans to Vietnam and reducing trade levels with Vietnam from $220,000,000 in 1978 to $120,000,000 the following year. (3) despite the fact that 140,000 Vietnamese troops continue to occupy Cambodia, Japan’s economic ties with Vietnam have grown steadily since 1982, reaching a current annual trade level of $230,000,000. (4) this trade has included trade in goods and technology which enhances the productive capacity and the infrastructure base of Vietnam. (5) the 65,000,000 people of Vietnam are a tempting lure for investors seeking low wages and for traders seeking new markets. (b) Condemnation of Vietnamese Occupation of Cambodia.—The Congress hereby— (1) reaffirms its condemnation of the continued Vietnamese occupation of the sovereign State of Cambodia, an activity which violates all standards of conduct befitting a responsible nation and contravenes all recognized principles of international law; and 101 STAT. 1179 (2) reaffirms its call for Vietnam to withdraw from Cambodia as the only way Vietnam can expect to end its self-induced economic isolation. (c) Statement on Japanese Trade With Vietnam.—The Congress hereby strongly urges the Government of Japan to— (1) continue to refrain from granting to Vietnam any official economic assistance; (2) refrain from granting to Vietnam any form of trade financing, including export credits, trade-related credit insurance, and extended loans for infrastructure development; (3) continue to discourage its private business sector from exporting to Vietnam goods and technology which enhance the productive capacity and the infrastructure base of Vietnam, including in particular equipment for— (A) oil exploration and development, (B) forestry and fishery production, (C) development of raw materials for light industries, and (D) the upgrading of export productive capacities; (4) strongly discourage the private business sector of Japan from providing financing which in any way facilitates trade with Vietnam.